MTY Food Group announces results from 2025 Annual General Meeting

MTY Food Group (MTYFF) reports the results from the votes from its shareholders for the 2025 Annual General Meeting of Shareholders held on Friday May 2, 2025. Over 16,283,918 shares were voted representing 70.57% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated March 19, 2025: Each of the nominees listed in the Information Circular was elected as a Director of the Corporation. Pricewaterhousee Coopers, LLP., was reappointed as auditor of the Corporation and the directors were authorized to fix the remuneration of the auditor. The shareholders have approved the following resolution: That, on an advisory basis and not to diminish the role and responsibilities of the Directors, the shareholders accept the Board’s approach to executive compensation disclosed in the Information Circular. The following resolution was rejected by the shareholders: That, the Board of Directors adopts a policy to require the Board Chair to be an independent director and amends the governing documents as necessary. The following resolution was rejected by the shareholders: That, MTY publishes a food waste transparency report that identifies the types and quantities of food in the waste streams across its organization and establishes measurable, timebound food waste reduction targets to regularly report progress toward. The following resolution was rejected by the shareholders: That, MTY adopts “a roadmap with benchmarks” for switching to cage-free eggs.